Circle CEO: Stablecoins may be the most practical form of currency, but the industry's "iPhone moment" has not yet arrived

Jeremy Allaire, co-founder and CEO of stablecoin USDC publisher Circle, wrote in a post on the X platform that stablecoins may be the most practical form of money ever, but for the stablecoin industry, the "iPhone moment" has not yet arrived. However, once the stablecoin market enters the so-called "iPhone era", developers can unlock programmable digital dollars like programmable mobile devices. At that time, programmable digital dollars will exert power and create opportunities on the Internet, and this era may soon arrive.